Aspire Estate Agents says ..

Property Oracle says ..

The property is located in Basildon, Essex, and is a four-bedroom, two-bathroom house with a list price of £280,000. The property is in need of significant renovation. The images show dated decor, worn flooring, and a generally tired condition throughout. The kitchen and bathrooms require complete modernisation. The garden is present but overgrown and requires attention.

The average house price in the area is £317,556, with an average price per square foot of £381. While the property’s list price is below the average, its condition significantly impacts its value. The property requires substantial investment to bring it up to a habitable standard. Considering the necessary renovations, the list price may be slightly above what the property is currently worth in its current state. However, once renovated, the property could be a good value for money.

The location is positive, with nearby schools like Woodlands School (rated ‘Good’ by Ofsted) within a short distance. Basildon train station is also conveniently close, providing easy access to London and other areas. The proximity to good schools and transportation links adds to the property’s appeal, but the significant renovation needed offsets this to some extent.

Considering the need for complete renovation, the condition score is low. The land is small. The location is good, and the price may be slightly high considering the condition.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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